Grupo Minero Las Cenizas acquires Sociedad Contractual Minera Franke from KGHM Polska Miedz for $64 million

Company

Grupo Minero Las Cenizas S.A.

Company

Sociedad Contractual Minera Franke

Law Firm / Organization
Baker McKenzie LLP

Company

KGHM Polska Miedz S.A.

Law Firm / Organization
Gide Warsaw

Company

KGHM International Ltd.

Law Firm / Organization
McCarthy Tétrault LLP

On April 26, 2022, Grupo Minero Las Cenizas S.A. signed an agreement to acquire Sociedad Contractual Minera Franke from KGHM Polska Miedz S.A. (WSE:KGH) for $50 million. The acquisition was completed on the same day. Philippi, Prietocarrizosa & Uría served as the legal advisor to Grupo Minero Las Cenizas. Baker McKenzie, along with Gide Warsaw, advised Sociedad Contractual Minera Franke and KGHM Polska Miedz. Additionally, McCarthy Tétrault advised KGHM International Ltd., with a team led by Shawn Doyle, including Peter Quon (Business) and Raj Juneja (Tax).

Merger & Acquisition
Mining
$ 64,000,000
Closed
26 April 2022